Jim just found a job with a take-home pay of $950 per month. He must pay $400 for rent and $100 for groceries each month. He also spends $100 per month on transportation. If he budgets $50 each month for clothing, $100 for restaurants and $50 for everything else, how long will it take him to put together emergency savings of $1,500?
A. 12 months.
B. 15 months.
C. 10 months
D. 5 months.
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